BYU MBA

(also posted on http://corey.mbadiary.com)

Last week we had a “mix-n-mingle” with the MBA Director Jim Stice. We have these about every other month where we go to eat, hang out, and usually listen to a speaker. He talked a little bit about graduation and told us of plans for the future. He said that the powers that be have approved plans to expand the business building and that they have a goal to increase each MBA class from the current 130 range to 250. He also said that they will not rush it, but that it will simply take as long as it takes. That means that basically everyone who applies who is qualified will be admitted. He stressed that they will not lower their standards for admission.

This is really great news for applicants because it means that you’re not really competing with other students. Instead, you’re basically competing against the high standards of admission (which as mentioned tend to favor the GMAT). At Wharton, the AdCom has admitted that about half of the students that apply are qualified to attend, but they simply cannot take them all. Also, since they tend to keep the demographics on incoming students about the same, an I-Banker is basically competing with other I-Bankers, and former consultants are competing with other consultants (which can really skew the actual admission criteria). But since BYU is planning to grow, for the next few years the gate is open to all who qualify.